Geode Capital Management LLC raised its stake in Cracker Barrel Old Country Store, Inc. (NASDAQ:CBRL) by 2.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 219,279 shares of the restaurant operator’s stock after acquiring an additional 5,254 shares during the quarter. Geode Capital Management LLC owned about 0.91% of Cracker Barrel Old Country Store worth $34,841,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the business. Palo Capital Inc. grew its position in shares of Cracker Barrel Old Country Store by 13.2% during the 4th quarter. Palo Capital Inc. now owns 18,699 shares of the restaurant operator’s stock worth $2,971,000 after purchasing an additional 2,177 shares in the last quarter. AXA grew its position in shares of Cracker Barrel Old Country Store by 49.3% during the 3rd quarter. AXA now owns 105,700 shares of the restaurant operator’s stock worth $16,026,000 after purchasing an additional 34,900 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. grew its position in shares of Cracker Barrel Old Country Store by 25.5% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 3,547 shares of the restaurant operator’s stock worth $538,000 after purchasing an additional 721 shares in the last quarter. Schwab Charles Investment Management Inc. grew its position in shares of Cracker Barrel Old Country Store by 5.7% during the 4th quarter. Schwab Charles Investment Management Inc. now owns 224,846 shares of the restaurant operator’s stock worth $35,726,000 after purchasing an additional 12,105 shares in the last quarter. Finally, D.A. Davidson & CO. grew its position in shares of Cracker Barrel Old Country Store by 3.1% during the 4th quarter. D.A. Davidson & CO. now owns 14,048 shares of the restaurant operator’s stock worth $2,232,000 after purchasing an additional 420 shares in the last quarter. 87.41% of the stock is currently owned by hedge funds and other institutional investors.

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CBRL has been the topic of a number of analyst reports. BidaskClub upgraded shares of Cracker Barrel Old Country Store from a “sell” rating to a “hold” rating in a research report on Wednesday, January 10th. Zacks Investment Research upgraded shares of Cracker Barrel Old Country Store from a “hold” rating to a “buy” rating and set a $195.00 target price on the stock in a research report on Wednesday, January 10th. Maxim Group reiterated a “hold” rating on shares of Cracker Barrel Old Country Store in a research report on Tuesday, February 20th. SunTrust Banks set a $152.00 price target on shares of Cracker Barrel Old Country Store and gave the stock a “hold” rating in a research report on Wednesday, February 21st. Finally, Bank of America reduced their price target on shares of Cracker Barrel Old Country Store from $160.00 to $155.00 and set an “underperform” rating on the stock in a research report on Wednesday, February 21st. Two analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $163.13.

Shares of Cracker Barrel Old Country Store stock opened at $160.89 on Thursday. The company has a current ratio of 1.02, a quick ratio of 0.58 and a debt-to-equity ratio of 0.65. The stock has a market cap of $3,866.02, a P/E ratio of 16.27, a P/E/G ratio of 2.19 and a beta of 0.67. Cracker Barrel Old Country Store, Inc. has a 52-week low of $141.75 and a 52-week high of $179.12.

Cracker Barrel Old Country Store (NASDAQ:CBRL) last posted its quarterly earnings results on Tuesday, February 20th. The restaurant operator reported $2.73 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.42 by $0.31. The business had revenue of $787.70 million for the quarter, compared to analyst estimates of $787.26 million. Cracker Barrel Old Country Store had a net margin of 8.10% and a return on equity of 36.86%. The firm’s revenue for the quarter was up 1.9% on a year-over-year basis. During the same quarter last year, the business posted $2.19 EPS. analysts forecast that Cracker Barrel Old Country Store, Inc. will post 9.43 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Monday, May 7th. Investors of record on Friday, April 13th will be given a dividend of $1.20 per share. The ex-dividend date is Thursday, April 12th. This represents a $4.80 annualized dividend and a dividend yield of 2.98%. Cracker Barrel Old Country Store’s dividend payout ratio is 48.53%.

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About Cracker Barrel Old Country Store

Cracker Barrel Old Country Store, Inc is engaged in the operation and development of the Cracker Barrel Old Country Store concept (Cracker Barrel). The Company’s segments include Restaurant and Retail. As of September 19, 2016, the Company operated 640 Cracker Barrel stores in 43 states. The format of its stores consists of a rustic old country-store design offering a restaurant menu that features home-style country food and a range of decorative and functional items, such as rocking chairs, holiday and seasonal gifts and toys, apparel, cookware and foods.

Institutional Ownership by Quarter for Cracker Barrel Old Country Store (NASDAQ:CBRL)

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